The role of governments in the VCM is defined by the UNFCCC’s Paris Agreement, especially through Article 6. This fosters international cooperation, emissions trading, and the use of NCS to achieve Nationally Determined Contributions (NDCs). With focus on collaboration, integrity, and sustainability, Article 6 empowers governments to drive the market’s growth.
These resources were curated with help from the International Emissions Trading Association (IETA) and The Nature Conservancy.
RESOURCES
- Now including COP28 decisions, TNC's Article 6 explainer document asks questions and gives answers about the COP27 & COP28 decisions on carbon markets and what they mean for NDCs, nature, and the voluntary carbon markets.
- This summary explains carbon policy risk, recent developments like Article 6, and their impact on markets and companies.
- A focus on how governments engage with the VCM, through instituting policies, regulations, and safeguards.
- TNC’s report exploring options for operationalizing corresponding adjustments under Article 6.
- The index evaluates and ranks countries on the attractiveness of their voluntary carbon market investment and development opportunities, using indicators reflecting national economic, political and environmental conditions.
- To understand the key consideration for VCM engagement from a policymaker’s perspective.
- Sylvera's Article 6 of the Paris Agreement - what you need to know post COP27
- This paper helps to identify how the VCM supports national climate plans, local priorities, unlock greater levels of private investment, and help motivate more corporates to reduce and neutralize their emissions.